Egypt’s Petrojet wins key contracts in Cyprus’ Cronos gas field development project
Egypt’s Petrojet has been awarded key contracts under the development of the Cronos natural gas field offshore…
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Cyprus
Cypriot energy min. visits Egypt’s Damietta LNG plant amid gas cooperation push
Cyprus’s Minister of Energy, Commerce and Industry Michael Damianos inspected on Wednesday Egypt’s Damietta LNG…
Egypt adds 591 wells, makes 113 discoveries in two years – minister
Egypt added 591 wells to its production map and made 113 discoveries between July 2024 and June 2026, Petroleum…
Egypt, Chevron initial fiscal regime agreement for Cyprus’ Aphrodite gas field
Egypt and Chevron initialled a fiscal regime agreement on Tuesday to advance the development of Cyprus’s Aphrodite…
Egypt, Cyprus discuss accelerating gas projects, use of Egyptian infrastructure
Egypt and Cyprus discussed accelerating projects to connect Cypriot gas resources to Egypt’s infrastructure,…
Egypt, Chevron discuss Aphrodite gas field link
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Wednesday with Chevron’s President…
Cronos gas field FID to reinforce Egypt’s hub ambitions – minister
Egypt's petroleum minister welcomed the final investment decision (FID) to develop Cyprus' Cronos gas field on…
URGENT: Eni reaches FID for Cyprus’ Cronos gas project linked to Egypt
Eni has reached the final investment decision (FID) to develop Cyprus' Cronos gas field. Production is set to begin…
Cyprus’ FMC to invest $20 mln in Egypt gold exploration – ministry
Cyprus-based mining company FMC (formerly SMW Gold Limited) plans to invest $20 million to resume gold and mineral…
Egypt, Eni discuss gas output, Cronos project
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi held talks on Monday with Eni officials on plans…
Egypt, Cyprus discuss speeding offshore gas projects at Washington talks
Egypt and Cyprus discussed ways to accelerate investment in offshore natural gas projects during talks in…
Egypt, TotalEnergies discuss renewed push into Mediterranean gas exploration
Egypt held talks with France’s TotalEnergies on plans for the company to expand its natural gas exploration…
Egypt, Chevron sign deal to fast-track Cyprus’ Aphrodite gas link
Egypt and Chevron signed an agreement on Monday to accelerate development of Cyprus’s Aphrodite gas field and…
Egypt advances plans to link Cyprus’ Aphrodite Gas Field to national infrastructure
Egypt is advancing plans to connect the Cyprus Aphrodite gas field to its domestic infrastructure, a move aimed at…
Egypt, Eni discuss oil expansion, Cronos gas linkage
Egypt reviewed plans to double crude oil production and accelerate the connection of Cyprus’s Cronos natural gas…
Egypt, Cyprus ink Cronos gas transport, export deals
Egypt and Cyprus signed a series of commercial agreements on Tuesday to transport natural gas from Cyprus’s Cronos…
Egypt, Cyprus push ahead with strategic partnership, energy ties at UNGA
Egyptian Prime Minister Moustafa Madbouly met Cypriot President Nikos Christodoulides on the sidelines of the UN…
Egypt, Cyprus move to fast-track Cronos gas field link by 2027
Egypt and Cyprus agreed on Tuesday to speed up plans to connect Cyprus’s Cronos natural gas field to Egyptian…
Sisi calls for boosting oil & gas investment to ease import burden
Egyptian President Abdel Fattah El Sisi has stressed the importance of continuing to foster an investment-friendly…
Euro area inflation eases to 1.9% in May ’25
The euro area’s annual inflation rate reached 1.9 per cent in May 2025, down from 2.2 per cent in April, according…
Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks
Egyptian President Abdel Fattah El Sisi received a phone call on Sunday from Cypriot President Nikos…
Russia’s diesel exports drop in Feb.
Russia’s seaborne diesel and gasoil exports fell 6 per cent in February to 3.6 million metric tons due to reduced…
Egypt highlights regional energy cooperation at EGYPES 2025
The Egypt Energy Show (EGYPES 2025) hosted a ministerial session on energy security and competitiveness, featuring…
Sisi inaugurates EGYPES 2025 with high-level global participation
President Abdel Fattah El Sisi inaugurated the Egypt Energy Show (EGYPES 2025) in Cairo, on Tuesday, under his…
Egypt, Cyprus, Chevron sign key gas agreement
Egypt, Cyprus, and Chevron signed an agreement on Monday on the sidelines of The Egypt Energy Show (EGYPES 2025) to…
Egypt, Cyprus sign agreement on Cronos Field expansion
Egypt and Cyprus signed an agreement to develop and expand the Cyprus’ Cronos gas field on Monday. The deal,…
Egypt-Cyprus trade exchange hits $327m in 2024
The trade exchange between Egypt and Cyprus recorded $327 million in 2024, marking a notable increase from $115…
Egypt, Cyprus explore water sector collaboration
Egypt's Deputy Minister of Housing, Utilities, and Urban Communities, Sayed Ismail, held a virtual meeting with…
Egypt, Greece, Cyprus establish joint business council
The business chambers of Egypt, Greece, and Cyprus on Thursday signed a cooperation protocol to establish a joint…
S&P expects rising sovereign debt defaults next decade
S&P Global Ratings anticipates an increase in foreign-currency debt defaults among sovereign issuers over the…
Moody’s raises Cyprus’ credit rating to Baa2
Moody's Ratings has boosted Cyprus' economic outlook to positive from stable, while affirming its long-term credit…
Euro area’s retail trade up by 0.8% in March ’24
Eurozone retail trade volume saw a significant increase in March 2024 according to Tuesday data by Eurostat,…
EU pledges €3.5b for oceans, environment
The European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection and…
Cyprus ambassador highlights gender equality at Top 50 Women Summit
Ambassador of Cyprus to Egypt, Polly Ioannou addressed the issue of gender equality on the second day of the…
Top diplomats to attend Egyptian Women’s Summit on March 3
Top diplomats from Arab, US and European countries are scheduled to attend the third edition of Egyptian Women's…
Cyprus’ Aphrodite gas field; strategic asset for resilient ties with Egypt
Cyprus and Egypt enjoy strong bilateral relations and all-round cooperation in various fields, particularly energy.…
Euro area annual inflation up to 2.9% – Eurostat
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
Ed Sheeran to perform in Bahrain, Dubai next year
English singer Ed Sheeran announced on his official website that he will be performing in Bahrain and Dubai early…
Cyprus targets Middle East for tourism growth
Cyprus is targeting tourists from the Middle East to boost its tourism since the sector is a key driver of the…
Energy can serve as unifier, bridge for stability: AU official at EGYPS
Amani Abou Zeid, the African Union Commissioner said on Monday that not only gas can serve as a regional,…